Robin Greenwood

George Gund Professor of Finance and Banking

Robin is the George Gund Professor of Finance and Banking. His research investigates market inefficiency at the macro-level, with a special emphasis on debt markets. Professor Greenwood received a Ph.D. from Harvard in Economics, and B.S. degrees in Economics and Mathematics at MIT. He has taught in both years of the MBA curriculum as well as the the PhD. program. He was the chair of the Finance for Senior Executives Program, and developed the Behavioral and Value Investing Elective Course.  Since Spring 2009, he has been teaching Behavioral and Value Investing, a second year elective. He is a Faculty Research Associate at the National Bureau of Economic Research and an associate editor at the Review of Financial Studies.

  1. Behavioral Finance and Value Investing

    I teach a case-based MBA-level course on Behavioral Finance and Value Investing. The course was last offered in the spring of 2009 and will be offered spring 2010.

    If you are an instructor, please email (rgreenwood@hbs.edu) or call me for a syllabus and cases and teaching notes.

    The course is organized around the following short modules, with a few cases in each module:

    [1] Introduction (Stock Price Manipulation; Closed End Fund Discounts)

    [2] Investor Psychology

    [3] Limits of Arbitrage (The Perfect Arbitrage Ideal; Imperfect Substitutes; Limited Capital; Short-sales Constraints)

    [4] The Corporate Response

    [5] Quantitative Investment Management

    [6] Special Situations and Value Investing